HousingWire: A year after HUD shook up the reverse mortgage industry, what’s been the impact and what’s ahead for those in the space?

Posted: December 24, 2018

RMF’s president, David Peskin, and other industry executives discuss how the industry has fared following sudden, major program changes made by the U.S. Department of Housing and Urban Development (HUD) in October 2017. While “It’s been a rocky year for the industry as originators attempted to adjust to the new normal, and it seems no one got out unscathed,” writes Jessica Guerin,  the article highlights how the changes spurred proprietary product innovation and business-model changes that are evolving the industry in a way that’s beneficial for consumers.